Performance Measurement Baseline Glossary Definition

A Performance Measurement Baseline is the integrated scope, schedule, and cost baseline used to measure project performance.

It is central to earned value management and formal project-control reporting.

Project managers, sponsors, and project-controls staff use this concept in budget reviews, performance reporting, forecasting, and variance conversations.

Related concepts include Budget, Cost Baseline, Planned Value, Earned Value, Actual Cost and Cost Variance.